Wells Fargo parts ways with shady broker who allegedly bilked family out of millions

Wells Fargo has parted ways with a shady Staten Island stockbroker who, The Post reported earlier this year, had allegedly bilked a New Jersey widow and mother of three out of her life savings. Leonard Kinsman had been accused of squandering a $2.25 million insurance settlement awarded to Robin Fratto of Freehold, NJ, after her husband died unexpectedly in 2011, …

Widow Seeks $2 Million From Wells Fargo FiNet Broker

A New Jersey woman claims a broker with Wells Fargo Advisors Financial Network used proceeds of her late husband’s life insurance policy to invest in speculative options and volatile non-income-producing individual securities such as Facebook. A New Jersey-based widow is suing her broker, claiming he improperly handled her account, placing proceeds from a life insurance policy into speculative trades, according …

Meissner Associates Files FINRA Arbitration Claim against Wells Fargo Alleging its Broker Defrauded a Widow with Three Children Causing Hundreds of Thousands of Dollars in Losses

NEW YORK, April 22, 2019 (GLOBE NEWSWIRE) – Meissner Associates recently filed a FINRA arbitration claim on behalf of its client, a widow with three children, against Wells Fargo Advisors Financial Network, LLC. The claim alleges that Wells Fargo broker Leonard Kinsman inappropriately invested the proceeds of a life insurance policy the client received upon the death of her late …

Meissner FINRA Arbitration Firm Filing New Fraudulent Recruitment Cases Against Citizens Securities 866-764-3100

As Reported recently by well read WealthManagement.com on August 21, 2017, since our record 1.7 Million Dollar FINRA Arbitration Award against Citizens Securities, subsidiary of Citizens Financial Group (NYSE: CFG).  this past July, the Meissner law firm has since been preparing and filing other similar claims of false oral promises being made to other investment advisors and brokers, against Citizens …

FINRA Attorney Wins 1.7 Million For Broker in a Citizens Securities FINRA Arbitration Involving Fraudulent Recruitment – Call Nationwide 866-764-3100

As reported in the widely read Bank Investment Consultant Newsletter July 25, 2017 edition – In a July 2017 Citizens Securities FINRA Arbitration the law firm Meissner Associates won a record 1.7 Million dollar FINRA AWARD in Pittsburgh Pennsylvania, against Citizens Securities subsidiary of Citizens Financial Group (NYSE: CFG)  after turning the tables on the firm, which sought to recover $220,000 …

FINRA Attorney Firm Meissner Associates Wins in NY Supreme Court- Client’s Sexual Abuse Claim Stays in FINRA Arbitration

On Sept 1, 2016 the Hon. Judge Singh of the New York State Supreme Court Commercial Division ruled in favor of Meissner Associates client denying an Order to Show Cause seeking to avoid the case being heard in FINRA arbitration. As noted in our previous post, the FINRA arbitration claim was filed in April of 2016. Since such time the …

Meissner Firm Client Awarded 22.4+ Million Dollars in 2nd Highest SEC Whistleblower Award

As well reported in the press by Reuters, AP, the Wall Street Journal, New York Times, CNN, CNBC, and many other publications, the SEC has announced  that our client will receive a 22.4+ million dollar award for submission and cooperation with the SEC’s investigation into conglomerate  Monsanto Co.  The award amounted to 28% out of maximum of 30% that he could …

SEC Whistleblower – New 3 Million Dollar Award Issued !

We are happy to announce that on July 17, 2015 the SEC awarded 3 million dollars to an insider whose information uncovered a complex fraud. The payout is the third largest payout in the history of the SEC whistleblower program which Meissner Associates originally participated in crafting the SEC rules for such program and are believed to have filed the …